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Business & Economics

Staatsolie’s new bond issue of $515.8m exceeds initial target

GlobalData
Summary
Nutrition label

81% Informative

The Staatsolie Bond 20252033 secured $ 468.7 m and 43.5 m ($ 47.1 m) The interest rates are set at 7.75% for US dollar bond and 7.25% for the euro bond.

The bond proceeds will support the GranMorgu offshore oilfield development in Block 58 .

VR Score

80

Informative language

79

Neutral language

60

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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